FY2026 EPS Estimates for Scholastic Lowered by Sidoti Csr

Scholastic Co. (NASDAQ:SCHL - Free Report) - Equities researchers at Sidoti Csr reduced their FY2026 EPS estimates for Scholastic in a research report issued on Tuesday, December 10th. Sidoti Csr analyst B. Mccarthy now forecasts that the company will post earnings of $2.61 per share for the year, down from their prior forecast of $2.73. The consensus estimate for Scholastic's current full-year earnings is $1.41 per share.

Scholastic (NASDAQ:SCHL - Get Free Report) last announced its earnings results on Thursday, September 26th. The company reported ($2.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($2.48) by $0.35. The firm had revenue of $237.20 million during the quarter, compared to analysts' expectations of $233.49 million. Scholastic had a return on equity of 4.32% and a net margin of 1.49%. During the same period in the prior year, the firm earned ($2.20) EPS.

Separately, StockNews.com cut shares of Scholastic from a "buy" rating to a "hold" rating in a report on Saturday, October 5th.

Scholastic Stock Performance

Shares of Scholastic stock traded down $0.58 during trading on Thursday, reaching $25.57. The company's stock had a trading volume of 182,603 shares, compared to its average volume of 210,433. Scholastic has a fifty-two week low of $23.69 and a fifty-two week high of $41.79. The company has a current ratio of 1.14, a quick ratio of 0.64 and a debt-to-equity ratio of 0.24. The firm has a market cap of $719.46 million, a PE ratio of 45.79 and a beta of 1.07. The company has a 50-day moving average price of $25.93 and a two-hundred day moving average price of $30.37.

Institutional Trading of Scholastic

Several hedge funds have recently made changes to their positions in the company. Barclays PLC lifted its holdings in shares of Scholastic by 291.6% in the 3rd quarter. Barclays PLC now owns 41,228 shares of the company's stock valued at $1,319,000 after buying an additional 30,699 shares during the period. Jane Street Group LLC raised its position in Scholastic by 40.7% in the third quarter. Jane Street Group LLC now owns 52,509 shares of the company's stock worth $1,681,000 after acquiring an additional 15,183 shares in the last quarter. Paloma Partners Management Co acquired a new stake in Scholastic in the third quarter valued at $243,000. Martingale Asset Management L P boosted its position in shares of Scholastic by 128.1% during the 3rd quarter. Martingale Asset Management L P now owns 49,529 shares of the company's stock worth $1,585,000 after purchasing an additional 27,812 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of Scholastic by 99.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 9,711 shares of the company's stock worth $311,000 after purchasing an additional 4,845 shares during the period. Institutional investors and hedge funds own 82.57% of the company's stock.

Scholastic Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.13%. Scholastic's dividend payout ratio (DPR) is presently 142.86%.

About Scholastic

Scholastic Corporation publishes and distributes children's books worldwide. It operates in three segments: Children's Book Publishing and Distribution, Education Solutions, and International. The Children's Book Publishing and Distribution segment engages in publication and distribution of children's print, digital, and audio books, as well as media and interactive products through its school reading events and trade channel; and operation of school-based book clubs and book fairs in the United States.